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Thursday, 08/04/2022 6:23:54 AM

Thursday, August 04, 2022 6:23:54 AM

Post# of 5030
Long Term Opinion, Buy Now, Ignore the Pain, Thank yourself 10 Years later.

How bad is the mood out there right now? Try max bearish.

So said Bank of America’s latest fund manager survey on Tuesday that showed expectations for profits and growth at recessionary levels. Yet Wall Street rallied partly on earnings optimism but also as some see all this gloom as a contrarian buying signal. Wednesday’s action is looking a bit more choppy.

It isn’t unimaginable that investors are overwhelmed right now, as they try to gauge whether central banks will tip economies into recession in a battle to control inflation. That’s not to mention the potential spillover from an economic downturn into corporate earnings.

Our call of the day from Bernstein analysts Mark Diver and Sarah McCarthy says investors are facing a short-term-pain-for-long-term-gain moment for stocks.

“Our longer horizon equity market sentiment indicators are providing significant sentiment support and point to strong positive global equity market returns over the next 12 months. Conversely, our shorter term sentiment indicator which is effective over a four-week period is only at neutral levels,” said the pair.

The divergence between those two suggests strong returns are possible for investors from current levels over a period of a year or more, but further downside in the short term before a tactical capitulation level is reached, said Diver and McCarthy.

[https://www.marketwatch.com/story/short-term-pain-for-long-term-gains-investors-need-to-settle-in-for-the-long-haul-says-bernstein-11658315400?siteid=yhoof2]

Im already invested in companies which are of moonshots and also fundamental ones.

Current deployment for stocks are 90% in fundamental and 10% for potential moonshots. Tho the majority of my gains were wiped out in the current bear, Im confident that I will thank myself for staying invested now.

Fundamental Long term : Tesla, Disney and Palantir.

Moonshots : Regencell Bioscience and Redbox (Which is kind of in hurt right now)

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